Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

TURKEY: Mixed H1 results at food group Ulker

14 Aug 2013

A spike in finance expenses has hit the bottom line of Turkish food group Ulker, although operating profit and sales at the company were up.

The just-food interview - Brice de Forsanz, McCormick VP of EMEA

31 Oct 2012

McCormick & Co., the US-based spice firm, grew its sales in Europe, the Middle East and Africa by 3% in 2011 and - in the face of a deep economic crisis that has dented consumer spending across its key markets - the company plans to drive expansion in the region during the current fiscal year through a focus on innovation, marketing and new emerging markets, regional chief Brice de Forsanz suggests in this month's just-food interview.

TURKEY: Retailer Migros Ticaret upbeat despite FY loss

13 Apr 2012

Migros Ticaret's decision to focus on specific channels boosted its core earnings in 2011, the Turkish retailer has insisted, despite the company reporting losses of TRY163.2m (US$91m).

TURKEY: "Seven bids" for discount retailer A101

18 Aug 2011

Turkish discount retailer A101 has reportedly attracted seven bids in the first round of an auction.

TURKEY: Ulker buys Sok discount supermarket chain

13 Jun 2011

Turkey's Yildiz Holding, parent company of Turkish confectionery and processed food giant Ulker, has paid TRY600m (US$381.7m) Migros a 99.6% stake in Migros' Sok discount supermarkets.

TURKEY: Ulker Golf eyes overseas growth with PE investment

9 May 2011

Turkish confectionery and biscuit giant Ulker has sold a 25% stake in its Ulker Golf ice cream business with the aim of growing the brand outside Turkey.

TURKEY: Ulker sells stake in BIM supermarkets

26 Apr 2011

Turkish biscuit giant Ulker Biscuvi Sanayi AS will sell its 10.5% stake in Turkish supermarket chain BIM Birlesik Magazlar for TRY774.5m (US$507.8m), the company announced in a disclosure to the Istanbul Stock Exchange.

TURKEY: Yildiz appoints R&D chief

21 Apr 2011

Turkish FMCG giant Yildiz Holding has appointed Bilal Kaafarani to the post of chief innovation officer and group president of R&D.

CAGNY: McCormick works to build emerging markets presence

24 Feb 2011

US spice maker McCormick is working to build its presence in developing markets, with the company looking for 12% of its turnover to come from these markets by 2015, up from 9% in 2010.

BRICs and beyond: McCormick eyes Turkey, north Africa for extra spice

29 Oct 2010

If you're looking to forge a business in the world's emerging markets, there is plenty of promise beyond the BRICs.


Forgot your password?